LNG

Transport puts China LNG demand on road to recovery

LNG sales in China surged by 45% year on year in H1 2017, with demand from transport and industry the main drivers LNG sales in China surged by 45% year on year in H1 2017, with demand from transport and industry the main drivers.
By Tang Tian 10 July 2017 0 26682
An LNG filling station in Jiangsu (Ministry of Transport).

China’s LNG sector turned a corner in the first half of 2017, with strong sales growth for the six months suggesting last year’s lacklustre demand is now firmly in the rear-view mirror.

LNG sales in China surged by 45% year on year in H1 2017, to 8.11 mt. Growth accelerated from 14% in H1 2016 and 33% in H2 2016 as a result of stronger demand from the transport and industrial sectors, according to consultancy SCI International. 

Domestically produced LNG accounted for 4.63 mt of the total...